The Hershey Company (NYSE:HSY)
CAPS Rating:
A snack food company and manufacturer of quality chocolate and non-chocolate confectionery products. Its principal product groups include confectionery and snack products; gum and mint refreshment products; and food and beverage enhancers.
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I am bullish on HSY for 1 Year at this point. MACD is above the signal line plus this cross has happened below 0; which translates to a bullish uptrend.
Normally I only invest based on "value investing" HSY has a low BV, so it is wise to keep an extra close eye on it, though its standing in history should ease any uncertainties you have.
If this business with Cadbury goes down we can see a lot happen. But I'm not buying the stock just for that, it is a solid company.